【導(dǎo)讀】processes.ning,control,anddecisionmaking.cess.tape.jobs.products.conditions.ductionisdown.

　　

【正文】 ................ $ 120,000 $ 50,000 Overhead........................................... 60,000* 10,000* Total costs .................................. $ 180,000 $ 60,000 Markup (50%) .................................... 90,000 30,000 Total bid revenues ....................... $ 270,000 $ 90,000 Units .................................................. 247。 14,400 247。 1,500 Unit bid price ............................... $ $ *(6,000 $10)。 (1,000 $10). 96 5–18 Concluded 2. Bid prices with departmental rates: Rates: Department A: $500,000/200,000 = $ per direct labor hour Department B: $2,000,000/120,000 = $ per machine hour Job 9728 Job 9735 Prime costs ....................................... $ 120,000 $ 50,000 Overhead........................................... 20,835a 51,010b Total costs .................................. $ 140,835 $ 101,010 Markup (50%) .................................... 70,418 50,505 Total bid revenues ....................... $ 211,253 $ 151,515 Units .................................................. 247。 14,400 247。 1,500 Unit bid price ............................... $ $ a($ 5,000) + ($ 500). b($ 400) + ($ 3,000). 3. Plantwide Departmental Differences Revenues ................... $ 90,000 $ 362,768 $ 272,768 Cost of goods sold ..... 60,000 241,845 181,845 Gross profit .......... $ 30,000 $ 120,923 $ 90,923 If plantwide overhead is used, only Job 9735 would have been won. Therefore, the revenues and cost of goods sold pertain only to that job. If departmental rates had been used, the bids on both jobs would have been won. Therefore, the revenues and cost of goods sold pertain to both jobs, and gross profit would have gone up by $90,923. 4. The departments differ significantly in their overhead intensity, with department B being much more automated. Jobs spending more time in department B ought to receive more overhead costs. Use of departmental rates provides this oute. 97 5–19 1. Direct materials ($ 100) ............ $ 40 Direct labor ($ 100) .................. 4 Overhead ( $4) ........................... 6 Total cost .................................... $ 50 This spoilage is abnormal and should be added to overhead control. 2. Price = $250 = $375 (Spoilage is not attributable to this job and should not be added to job cost.) 3. Spoilage cost is identical to that puted in Requirement 1. However, in this case, the spoilage is attributable to demanding requirements of the job, and the cost is added to job cost. 4. Price = ($250 + $50) = $450 5–20 1. Direct materials (67 $) .............. $ Direct labor (1 $8) ........................... Overhead (1 $4) .............................. Total cost .................................... $ 2. Direct materials (67 $) .............. $ Direct labor ( $8) ...................... Overhead ( $4) ......................... Total cost .................................... $ The rework cost is not attributable to the job, and is not normal, so it should be assigned to overhead. 3. The price charged is 67 letters $ for a total of $. Note that the rework is not included in the job cost and so it is not included in the price. 98 5–21 1. Land ............................................. $ 7,813* Materials....................................... 8,000 Direct labor................................... 6,000 Subcontractor .............................. 14,000 $ 35,813 *$250,000/8 = $31,250 per acre。 $31,250 = $7,813. General condition costs and finance costs can be classified as production costs and would correspond to overhead in a manufacturing firm. Most (if not all) of the marketing costs are traceable to each job (advertising may be for the subdivision and thus mon to all units). Some may argue that finance costs are not production costs, and they would classify these separately. 2. JobOrder Cost Sheet Job 5 MATERIALS DIRECT LABOR OVERHEAD Req. No. Amount Hrs. Rate Amount Hrs. Rate Amount Materials $8,000 $ 6,000 General $6,000* Land 7,813 Finance 4,765 Subctr. 14,000 Cost Summary Direct materials ..... $ 15,813 Direct labor............ 20,000 Overhead............... 10,765 Total cost ........ $ 46,578 *$120,000/20 = $6,000 per unit. General condition costs are prorated to the 20 units. Finance costs are included as they are a cost of building the home. However, marketing costs are a selling expense and are not inventoriable. The cost of the land was determined in Requirement 1. 3. Overhead is equivalent to general conditions and finance costs. Finance costs are traceable to each job。 therefore, no allocation problem exists. Allocating general condition costs evenly among the housing units may create unit cost distortions. It could be argued that larger homes, for example, would place greater demands on site utilities, insurance, architect’s fees, and deco 99 rating. Allocating these costs on the basis of square footage would likely provide more accurate cost assignments. 5–21 Concluded 4. Production costs .......................... $ 46,578 Marketing costs............................ 800 Total cost ............................... $ 47,378 Selling price = $47,378 140% = $66,329 Profit: ........................................... $ 66,329 47,378 $ 18,951 5–22 1. JobOrder Cost Sheet Job 267 MATERIALS DIRECT LABOR OVERHEAD Kind Amount Emply. Hrs. Rate Amount Hrs. Rate Amount Nov. $1 Dntst $36 $9 $20 $10 Amg. 3 Asst. 6 3 Cost Summary Direct materials ............. $ 4 Direct labor.................... 12 Overhead....................... 10 Tot